Bay will produce the film from first-time writer Bobby Glickert.
Take a look at the rest of these new details that have surfaced about the film.
Director Michael Bay confirms the news via his website.
Michael Bay, Brad Fuller and Andrew Form will produce the new live-action film.
The filmmaker will produce the new film based off the
A new story sheds some new light on the actress' departure on the sequel.
These scenes will be shot in September.
Michael Bay talks about the seven-week shoot.
The filmmaker will produce a new show that is "a game with no rules."
"Right now, it looks like fake 3D," the director states.
The director reveals new details about the sequel's production.